Tame the Bubble Economy

Contents

Fast moving speculative dollars can over-excite investors and destabilize the economy. Slow money down a bit with Eisenhower-era limits on the financial sector and taxes on potentially dangerous high-stakes speculation and high-speed currency trading that add little to the actual productive economy.

Instead of: Allowing market volatility from speculative bubbles to disrupt the flow of needed goods and services and the lives of regular people swept up in the madness (or collaterally damaged).

tax any activity that adds little or nothing to the commonwealth but is potentially very dangerous to the commonwealth, notably high-stakes speculation (swaps, derivatives, computerized stock transactions, etc.) and high-speed currency trading. Even a miniscule financial transaction tax would not only reduce the volatility of the financial sector but raise billions for improving and sustaining the commons.http://www.yesmagazine.org/blogs/david-korten/beyond-the-bubble-economy